To sum up, the overall lending environment (from my POV as a fellow borrower) for commercial projects is simply more stringent when compared to residential RE.

Being in a commercial shop right out of school means you'll be thrown into an environment that offers a lot of upwards growth & mobility.

This indicates a healthy environment for both buyers and sellers.Adapting to Trends: The longer time to contract and sales for townhomes and condos suggests a more thoughtful buying process.

This indicates a healthy environment for both buying and selling.Adapting to Trends: The extended time to contract and sales for townhomes and condos suggests a more deliberate buying process.

This indicates a healthy environment for both buying and selling.Adapting to Trends: The extended time to contract and sales for townhomes and condos suggests a more deliberate buying process.

This would also allow you to move out eventually and keep the favorable loan terms then keep the property as a passive income asset.If you could find a value- add situation and are comfortable with renovations then you could also increase rents and equity simultaneously.

I was just gonna say, if you look at baby boomers, those who were in blue areas are probably going to be able to retire more comfortably than those who were in red areas. 

It made it super easy for us because he already knew exactly what pictures to take, how to make sellers feel comfortable (if he was going to an occupied home), things to look out for, etc.Unless a seller has grossly misrepresented the condition of the property, we very rarely have to renegotiate after we "inspect" the property.

@Justin Mays It will depend on your comfort level and where you're at financially if you're ready to buy land to flip.

I think some of it is that I have gotten comfortable with the 10,000 person towns on the coast that are so easy to quickly get to know that trying to get to know a big city like Reno is just a bit overwhelming.